Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?Readers of this space know that the investment bias is toward large-cap companies who have a competitive advantage in established markets, preferably with a favorable global trend as a support. With this in mind, Goodrich Corp. is worth a review.
Goodrich Corp. (NYSE: GR), formerly a tire maker (the company without the blimp), is now an aerospace services company, providing both parts and service for engines, airframes, electronic systems, and other aircraft systems.
Analysts see double-digit revenue growth for GR in 2008 and 2009, aided by favorable sector trends, including strong international, cyclical demand for jets and increased jet use, and an aging jet fleet in the U.S.
Further, GR is also using strong cash flow to expand maintenance, repair and overhaul facilities.
Analysts also like the fact that GR is moving manufacturing to low-cost areas and implementing efficiency projects. The Reuters F2008/F2009 EPS consensus estimates for GR are $4.34/$4.95.
Goodrich Corp. (NYSE: GR), formerly a tire maker (the company without the blimp), is now an aerospace services company, providing both parts and service for engines, airframes, electronic systems, and other aircraft systems.
Analysts see double-digit revenue growth for GR in 2008 and 2009, aided by favorable sector trends, including strong international, cyclical demand for jets and increased jet use, and an aging jet fleet in the U.S.
Further, GR is also using strong cash flow to expand maintenance, repair and overhaul facilities.
Analysts also like the fact that GR is moving manufacturing to low-cost areas and implementing efficiency projects. The Reuters F2008/F2009 EPS consensus estimates for GR are $4.34/$4.95.
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